Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Rating of “Hold” from Analysts

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given a consensus rating of “Hold” by the eight analysts that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

A number of brokerages have commented on DLAKY. JPMorgan Chase & Co. raised Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a report on Monday, December 1st. Kepler Capital Markets raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research report on Wednesday, January 7th. Zacks Research downgraded Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Finally, Barclays upgraded Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th.

Deutsche Lufthansa Stock Up 1.2%

Shares of OTCMKTS DLAKY opened at $9.11 on Wednesday. The firm has a market cap of $10.93 billion, a price-to-earnings ratio of 6.70, a price-to-earnings-growth ratio of 0.45 and a beta of 0.84. The company’s 50-day simple moving average is $10.22 and its 200-day simple moving average is $9.46. The company has a quick ratio of 0.77, a current ratio of 0.85 and a debt-to-equity ratio of 1.05. Deutsche Lufthansa has a 52-week low of $6.21 and a 52-week high of $11.29.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings results on Friday, March 6th. The transportation company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.02). Deutsche Lufthansa had a return on equity of 13.47% and a net margin of 3.63%.The company had revenue of $11.52 billion for the quarter, compared to analyst estimates of $11.38 billion. Equities analysts predict that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.